ION wins "Best Platform for Electronic Market Making" at Trading Tech Insight Awards Europe

LONDON, Feb. 28, 2025 /PRNewswire/ -- ION, a global leader in trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations, announces that ION's Fidessa solution has been named "Best Platform for Electronic Market Making" at Trading Tech Insight Awards Europe.

The awards, organized by the A-Team group, celebrate excellence in trading solutions and services for capital markets and focus on vendors providing exceptional trading infrastructure, trading technology, and data solutions.

Fidessa won the category as the platform offers numerous automation tools designed to support efficient market-making, allowing firms to manage their obligations while controlling their costs. Fidessa's key features include:

• Auto Quoting (AQ), which enables users to manage quotes across multiple markets, ensuring competitive pricing and compliance with various quoting obligations.
• Fidessa's Retail Service Provider Quoting (RSPQ), which allows users to automate the quoting process on the London Stock Exchange's Retail Service Provider system, handles diverse instruments and integrates retail analytics.
• Smart Quoting Assistant (SQA), which seamlessly integrates with RSPQ to deliver fast, and error-free quoting through customer's proprietary models.

Robert Cioffi, Global Head of Equities Product Management at ION, said, "We are honored to be recognized as the 'Best Platform for Electronic Market Making' at Trading Tech Insight Awards Europe. In today's fragmented liquidity landscape, market-makers face increasing complexity in fulfilling their obligations. The Fidessa trading platform won this prestigious award as it addresses these challenges with numerous automation tools, allowing market makers to manage their obligations efficiently and cost-effectively."

About ION

ION provides mission-critical trading and workflow automation software, high-value analytics and insights, and strategic consulting to financial institutions, central banks, governments, and corporate organizations. Our solutions and services simplify complex processes, boost efficiency, and enable better decision-making. We build long-term partnerships with our clients, helping transform their businesses for sustained success through continuous innovation. For more information, visit https://iongroup.com/?

About ION Markets

ION Markets provides transformative technology and solutions to financial institutions dealing in equities, fixed income, foreign exchange, cleared derivatives, asset management, and secured funding.?Our award-winning end-to-end solutions simplify clients' operations by automating the full trade lifecycle,?providing tools to manage risk, and maximizing access to liquidity, while giving real-time access to critical information required for timely operational decisions and execution on a global scale. For more information, visit https://iongroup.com/markets/

About TradingTech Insight Awards Europe

The annual awards celebrate excellence in trading solutions and services for capital markets and focus on vendors providing exceptional trading infrastructure, trading technology, and data solutions. For more information, visit https://a-teaminsight.com/awards/tradingtech-insight-awards-europe/

All product and company names herein may be trademarks of their registered owners.

View original content to download multimedia:https://www.prnewswire.com/news-releases/ion-wins-best-platform-for-electronic-market-making-at-trading-tech-insight-awards-europe-302387176.html

SOURCE ION